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Persistent link: https://www.econbiz.de/10012656833
durables. Who opts into the transaction when given such incentives? We show theoretically and experimentally that increasing …
Persistent link: https://www.econbiz.de/10012052276
There is a long-standing debate on whether sell-side analysts learn from their experience to improve earnings forecast skills. This study shows that incentive is an important factor for understanding the "learning by doing" effect by analysts. We examine analysts' response to a complex type of...
Persistent link: https://www.econbiz.de/10013115039
More than three decades of intense interest in and scholarship about the determinants of student learning of economics has led to surprisingly few insights about what a typical faculty member can do differently to increase student academic success. Based on data from a natural experiment, we...
Persistent link: https://www.econbiz.de/10013084344
identifies the behavioral response to rank incentives (i.e., the incentives stemming from an inherent preference for high rank …). We find that rank incentives not only boost performance in the related assignment, but also increase the average grade …: rank incentives make students engage more in peer interactions, which lead them to perform significantly better across the …
Persistent link: https://www.econbiz.de/10012867153
We investigate the role of consumer herding and learning on the design of incentives for online customer reviews … obtain conditions under which each type of incentive is profitable, and preferred by a seller to the other incentives for … reviews. The results imply that sellers should use different incentives policies depending on the quality and profit margin of …
Persistent link: https://www.econbiz.de/10013245987
We analyze a dynamic principal-agent problem with moral hazard and private learning. Each period the agent faces a choice between two actions: a safe action with known returns (exploitation) and a costly risky action with unknown returns (experimentation). We explicitly characterize the cheapest...
Persistent link: https://www.econbiz.de/10014135182
This paper analyses the role of leading indicators that provide a firm manager with learning incentives of firm …
Persistent link: https://www.econbiz.de/10014146457
The influence of informational spillovers on the entrepreneur's incentive to undertake reversible investment opportunities is considered. It is shown how investment activity can be driven by the influence that the prospect of social learning has on the option value of investment. In this...
Persistent link: https://www.econbiz.de/10014073068
-run performance, this study advances our understanding of salesforce theory and practice …
Persistent link: https://www.econbiz.de/10014078035